Category Archives: Vendor Review

Iasta: Smart-Source Style! Part III

It’s been a while since Part I, where we covered the inclusion of native analytics capability, improved native contract management capability, and better integrated SIM & SPM capabilities in the Iasta platform and Part II where we covered extensive support for third party data feeds, P2P integration capabilities, and customizable reporting, but that doesn’t mean Iasta has been sleeping. Since then they’ve had a new major release, and a few minor releases, of their platform, which have included the following improvements:

Extended and Streamlined Project Management
One of the big changes was the ability for an organization, and a user, to define configurable project fields with whatever information they want to track — and all of the user-defined fields can be included in scorecards and analytics. So, in addition to name, start date, end date, etc. you can have custom sub-types, budget codes, execution hours, etc. The project team can be defined by role, with as few or as many roles as you like, and each role can have the user assigned, and re-assigned, as necessary.

Furthermore, setting up a project is a quick 5-step wizard-driven process:

  1. Basic Project Metadata
  2. Project Team and Customized Fields
  3. Project Classification and Value
  4. Bid Type, Display Settings, and Additional (Optional) Project Properties
  5. Lots and Items

Executive Analytics

In addition to the standard Smart Analytics module that was introduced in version 8, Iasta has added a new Executive Analytics module built on top of the Smart Analytics module that includes a set of dashboards with the most commonly requested executive reports and requests split into sourcing, scorecard, contract, profile, and trending dashboards.

In addition, each user can define their own dashboards with their own reports on any data fields associated with any data element from any project, supplier, contract, scorecard, etc. they have access to. New dashboards that can come pre-packaged with the solution include diversity and savings tracking dashboards. If you integrate an e-Procurement or Accounts Payable system feed (with a daily or weekly update), the reports on the savings tracking dashboard will compare actual versus projected spend and show you captured versus projected savings.

Excel Bidding & Embedded Optimization

Not only can bids be submitted in Excel, but Iasta finally added the ability to define individual bid fields in an Excel spreadsheet and upload complete bids broken down on all relevant cost dimensions – unit quote, shipping, tariffs, surcharges, etc. In addition, the optimization module, which used to be stand-alone (and which required projects to be imported to build models), is now embedded in the main suite and it’s easy to switch to the optimization tab and pre-populate a model with bids collected in an RFX.

Streamlined Supplier Portal

One thing Iasta has learned is that, even if a supplier makes a claim to the contrary, they are never as technical or proficient with the tool as the buyer and the best way to not only get a supplier to use a tool, but to minimize the supplier management and support time required as well, is to make that tool as easy to use as possible from the perspective of the supplier. As a result, they have completely redesigned their supplier portal so that when a supplier (rep) logs in, they can quickly see their current tasks in a front-and-center task list that breaks down their task by type, their active projects by status, their most recently completed tasks and projects, and quick links to their profile, training, and scorecards. Each project has a clear and succinct timeline and status for each of their requirements, bid and award history is available for each lot, and outstanding surveys are on the main page as well.

Survey navigation is greatly improved, with the user being able to quickly jump to specific pages and see the status of each page that is her responsibility. She can also assign pages to other team members if their input is needed or they are better able to provide the information. Everything is fully indexed and searchable and it’s designed to be just as easy for a supplier to manage her bidding and survey completion projects as it is for a buyer to manage his RFX and survey creation projects.

Session Sharing

In their newest version, Iasta has implemented a screen-share technology where a user can send her colleague or superior a link through an email that they can use to enter a screen-share with the user within the Iasta application, see what the user sees, and even take over the mouse and drive if need be. The Iasta platform is providing a great, easy, way to get multiple users on the same page.


Sourcing platform for users and bosses too. Sweet.
SaaS on the cloud, always on, real-time reporting complete. L33t.
Analyze this. Auctions, Performance. Real time data.
Optimize It. Contracts, and vendor schema.
One. Two. Smart-Source Success!

 


Sourcing Smart-Source Style.
Smart-Source Style.

How BizSlate is Bringing Sexy Back to ERP! Part II

As per our last post, ERP used to be sexy, but hasn’t been that way in a while. That needs to change, because ERP should be sexy. Fortunately for us, BizSlate has decided to do something about it. They agree that ERP should be appealing, exciting, glamorous, trendy, and just a little risqué and are doing something about it. In our last post, we discussed what they are doing to make it appealing, exciting, and even glamorous. And if that isn’t enough to whet your whistle and take a look at what a modern ERP should be, today we’re going to discuss some of the things they are doing to make it trendy and even risqué!

Trendy

When it comes to ERP, Icona Pop got it right:


You’re on a different road I’m in the Milky Way
You want me down on Earth, but I am up in space
You’re so damn hard to please, we gotta kill this switch
You’re from the seventies, but I’m a nineties bitch

Fundamentally, ERP hasn’t changed since the nineties, which is two decades behind where it needs to be. When ERP came out in the late 80’s, the World Wide Web didn’t even exist. It was 1992 before the first commercial sales website was put up, and 1995 before the US National Science Foundation lifted its strict prohibition of commercial enterprise on the internet (which, as per our recent history lesson, was almost immediately followed by the release of the first commercial spam — damn you, NSF!). One-click on-line shopping? It wasn’t even a pipe dream! By the time Amazon.com hit the mainstream in the late nineties, the ERP, formally defined by Gartner Group back in 1990, was quite mature and, like an old dog, unable to learn new tricks.

That’s why BizSlate went back to basics and rebuilt its ERP from the ground up. This allowed it to replace old-fashioned OLAP with real-time reporting, offline down-time forecast generation with real-time what-if forecasting, batch-mode accounting/procurement system integration and reporting with real-time integration and query execution, etc. For the first time in over a decade, ERP is trendy again — and it’s not even 2038!*

Risqué

It’s disruptive — in addition to the appealing, exciting, glamorous, and trendy features discussed above, it’s re-built the ERP from the ground up to follow and support the life-cycle of the product through your supply chain. Additional features that have been included to support this are cross-reference SKUS, which allow you to track, and use, all of the different SKUS used by your suppliers and customers seamlessly and interchangeably; a full-featured web-based API that allow a front end interface to be developed for any web-based browser (so a slimmed down interface can be developed for your smartphone, should you so choose, and their product already supports the iPad, allowing your sales people to check product availability and take orders in real-time on the trade show floor with 100% confidence that all promises made can be kept); support for multiple types of e-Document exchange and the ability to define the type of e-Document exchange (EDI, XML, e-mail PDF attachment) that will be used with each customer or vendor for each type of communication; fine-grained roles and responsibilities and appropriate support for company, agent, supplier, vendor, and licensor representatives; multi-order receiving capability (which isn’t even found in mature products like NetSuite), multi-order shipment update; an API for shopping cart integration (in alpha); etc.

All this is in addition to the unique bulk order functionality, tight GL integration, multi-edit capability, pre-pack/re-pack functionality, and document generation discussed in our first two posts on how BizSlate is ERP for the Small to Mid-Size Distributor that was Released to Mid-Sized Distributors and Retailers to the Masses last year.

BizSlate wants to redefine what it means to be ERP. And bring sexy back to ERP.

* ERP hasn’t been trendy since it was promoted as the cure to the year 2000 problem, brought about by mainframe, mini-computer, and windows programmers that decided to save bytes by representing years using two digits instead of four. The next impending disaster isn’t until 2038, when all Unix-like systems that store the system time as a signed 32-bit integer, reach their maximum value. (Unless, of course, you think the Network Time Protocol will fail when it reaches it’s max value in 2036.)

How BizSlate is Bringing Sexy Back to ERP! Part I

As per our last few posts, ERP used to be sexy, but hasn’t been that way in a while. That needs to change, because ERP should be sexy. Fortunately for us, BizSlate has decided to do something about it. They agree that ERP should be appealing, exciting, glamorous, trendy, and just a little risqué and are doing something about it.

Appealing

Built from the ground up to be 100% web-based SaaS, and taking lessons from best-of-breed SaaS e-Supply Management solutions, which themselves took lessons from best-of-breed B2C consumer e-Commerce solutions, the system is friendly, streamlined, easy on the eyes, and useable. Realizing that success stems from use and use stems from desire to use and desire to use stems from knowing it’s easier, and more satisfying, to use the system than to bypass it (which is a common problem among all types of systems in a modern organization), BizSlate put a lot of effort into designing a system that
was not only easy to use, but that a person who needs an ERP would want to use.

Exciting

New catalog season used to mean new headache from hell. As per our recent post on how It’s Time to Bring Sexy Back to ERP!, if your new product line contained 20 pairs of footwear in 7 different sizes and a minimum of 2 colours each, and each needed its own SKU, that was at least 280 products you needed to create one at a time! With all of the coding and cross-coding required, it was probably 15 minutes a product, or 30 products a day, or two weeks of data entry for some poor intern just to create a starting product catalog! But not with BizSlate. With its batch create capability, you define a template, define the characteristics that define the variations, define the different instantiations of those characteristics (e.g. size, 6-13, and colour, black and brown), define the starting SKU, define the ending SKU pattern, and press a button and — BAM! — it generates all 280 draft product entries. If you’re happy, press another button, and — BAM! — 280 products created and added to your ERP. If not, go back, alter the template, characteristics, and variation rules and go again. If there are custom values that need to be defined, you can populate just those fields in a spreadsheet view during the validation step. Retail and distributor customers that used to spend weeks and weeks creating new product entries for new product lines now spend a few days and generate hundreds of entries in just a few hours. It’s an exciting development in ERP usability.

Glamorous

As per our last post, traditional ERP is unsophisticated. This means a number of things. First, as per our last post, if you wanted to define multiple, sophisticated, commission plans for internal and third party sales people based on category, product, volume, and stock-type, you had to buy an ERP from Imaginationland, because that was the only place an ERP exists where such a task is possible. But not with BizSlate — they’ve thought through this need and built a commission definition and management system to support even the most demanding client. But this isn’t the only feature that makes this modern take on an ERP glamorous compared to the dinosaurs it is competing against.

Traditional ERP is quite dumb. Typically it’s not even as smart as the relational database it is built on. For example, let’s say the value list for shoe sizes is the same as the value list for sneaker sizes, think you can abstract that list and re-use it? Not a chance — create it every time you need it, buddy. Building a goods receipt and the value is already in the purchase order and want to re-use it? Copy and paste.

And that’s just the tip of the iceberg. Want to re-use similar types of reporting structures or entry forms, because you use the same data in inventory management, order management, invoice management, etc. and don’t want to re-invent the wheel? Fat chance! Rebuild for the use-case and repopulate as above.

But not with BizSlate, who have built their streamlined ERP around repetitive mechanisms. Value lists, forms, and report components are all implemented as reusable components that can be reused wherever they are needed. Need that size list across your clothing line? No problem. Need that discount percentage by spend across your electronics category? No problem. Want to re-use the same entry form template for entering order details for your suppliers and invoice details for your customers? No problem. Repetitive Mechanisms take the repetition out of your job and allow you to focus on the job and not the data. That makes ERP glamorous.

BizSlate: They’re Bringing Sexy Back … to ERP!

BizSlate, first introduced to you on SI back in September, 2012 in our post about an ERP for the Small to Mid-Size Distributor, and covered again last February when BizSlate Released its ERP for Mid-Sized Distributors and Retailers to the Masses, has decided that it’s time to bring sexy back to ERP.

BizSlate, who, like the doctor, noticed a void in useable and affordable modern ERP solutions for the mid-sized distributor, retailer, and manufacturer, decided that they needed to do something about it and built a new ERP from the ground-up, that is custom-designed to meet the need of the mid-market distributors, retailers, and manufacturers that are under-served, and released it last year. But working closely with their initial customer base, they noticed a few things that typical ERP and implementation providers overlook. Among other things, they noticed that:

  1. Traditional ERP is Ugly
    Black and Green screens are functional, but belong in the server room. There’s no reason that ERP can’t be functional and appealing.
  2. Traditional ERP is Cumbersome and Boring
    Does your new product line contain 20 pairs of footwear in 7 different sizes and a minimum of 2 colours each? And does each need its own SKU? Guess what, that’s at least 280 products you need to create one at a time! With all of the coding and cross-coding required, it’s probably 15 minutes a product, or 30 products a day, or two weeks of data entry for some poor intern just to create a starting product catalog! Talk about cumbersome and boring. High-tech is supposed to relieve your burden and excite you!
  3. Traditional ERP is Unsophisticated and Unglamorous
    Do you use third party agencies to sell your stuff? If you’re a mid-sized distributor or manufacturer or even a mid-sized retailer who focusses on the core business of distribution, production, or store-front retailing, you probably do (since sales, distribution management, and e-Commerce aren’t your forte). And you probably (want to) pay based on commission. But if you’re using an old fashioned ERP, you’re probably stuck with one simple commission plan, or, if you’re really lucky, one per third party agency. What if you need multi-tier? Or different rates based on category or component (since you want to push new product lines but don’t want to pay a lot for end-of-life products where inventory is being sold off at reduced rates)? Better luck next time. But what if you could manage commission plan by agency, by product line, and even by salesperson? And what if it was easy? That’s a level of sophistication that would make your life, and the life of Accounts Payable, easy! An ERP that solved this obvious need would be glamorous.
  4. Traditional ERP Works Off the Nineties Model of a Back Office System.
    The nineties were two decades ago. Traditional ERP hasn’t kept up with the trends and can’t support the modern sourcing, procurement, distribution, inventory, and order management needs of a modern organization that has to respond to customer inquiries and adapt to customer needs on the fly — not on a weekly reporting schedule. Given the critical nature of an ERP solution, it has to keep up with e-Business trends.
  5. Traditional ERP is Non-Disruptive
    The core functionality and process flow of ERP hasn’t changed much in the last twenty years. This is a problem because true innovation that brings true leaps in productivity and generated value comes from technology that is willing to take a risk and disrupt the status quo.

In other words, BizSlate realized that ERP was ugly, boring, unsophisticated, out-dated, and non-disruptive and that it shouldn’t be this way. So they’ve spent the last year streamlining and improving the core of the new ERP that they’ve built to make it appealing, exciting, glamorous, trendy, and just a little risqué. Because that’s what ERP should be. As per our last post, we have to remember:

ERP used to be sexy. It’s time to make it sexy again!

Decideware: Taking Agency Expense Management to the Next Level!

As per our recent posts, Decideware are the Agency Performance Management Experts, having brought end-to-end agency lifecycle management (Part I, Part II, and Part III) to your agency-based supply chain.

Agency-based spend is an often overlooked spend category because it’s creative (and marketing doesn’t want to give it up), outsourced, and typically hands-off (because all marketing wants is the end product — print, radio, tv, or web advertisement, campaign, etc.).

However, ignoring this spend is costly, especially if you are doing a lot of production work — because the amount that is being spent through your agencies on production is often a lot more than the creative agency fees. But this is just the tip of the iceberg. When you drill down, you often find that if you are using a lot of different agencies for your different marketing initiatives, there will often be overlap not only in the types of production companies your agencies use to create your advertisements and campaigns, but in the actual companies themselves. This means that if you can identify common tier-2 providers used by your agencies, and identify potential preferred providers, you can negotiate with those providers for preferred rates to be on your preferred provider list that you provide to the agencies (who can be told that they can only use providers for identified services from your list).

Plus, because Decideware’s new Production Management Module allows you to track all costs down to the individual project and provider level, you can make sure that the preferred rates are actually being offered to you. And if the project is large enough, or the volume of work increases, you can ask for an additional discount and track the negotiated savings as well. It’s a great way to identify cost-savings opportunities when you don’t need the absolute best provider. After all, just about any print house can do a print job and any production studio can film an advertisement. This allows you to save on the “commodity purchases” and spend those dollars on the “creative” side instead, where you are likely to receive the most value for your money.

The new Decideware Production Module is a great complement to their existing Statement of Work module (discussed in Decideware: An End-to-End Agency Lifecycle Management Solution Part II) and now, for the first time, you can truly undertake multi-tier end-to-end agency-based cost management and really get your advertising and marketing spends under control.

The Production Module, currently in beta and scheduled for full-release at the start of next quarter, is similar to the scope-of-work module in that it walks the user through the full production RFX and cost estimate workflow. After the user defines the project metadata (type, scope, timeframe, org unit, etc.), she selects the users who will participate (in editorial, view, or approval mode), defines the work products (and who is responsible for overseeing their definition), selects the vendors who will be allowed to bid, defines the desired cost breakdown (by phase and element), defines the contract terms, and then, finally, defines the approval process. Then the project is launched and vendors provide their bid package with the desired cost breakdown, which includes an identification of the sub-tier suppliers who will be used to complete the work.

It’s an easy to use and well-thought out solution for getting your rampant advertising budget under control.